Mathematics, 06.12.2021 23:10 saniyaf125
The Peterson's are saving up to go on a family vacation in 2 years. They invest $2700 into an account with an annual interest rate of 1.15% compounded daily.
Answer the questions below. Do not round any intermediate computations, and round your final answers to the nearest cent. If necessary, refer to the list of financial formulas. Assume there are 365 days in each year
Assuming no withdrawals are made, how much money is in the Peterson's' account after 2 years?
How much interest is earned on the Peterson's' investment after 2 years?
Answers: 3
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The Peterson's are saving up to go on a family vacation in 2 years. They invest $2700 into an accoun...
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